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Frequently asked question

FAQ

Tezos is a new decentralized Delegated Proof-of-Stake blockchain that governs itself by establishing a true digital commonwealth. It facilitates formal verification, a technique which mathematically proves the correctness of the code governing transactions and boosts the security of the most sensitive or financially weighted smart contracts. Please refer to tezos.com and tezos.help for more detailed information, documentations and other useful resources.

“Baking” is the act of signing and publishing blocks to the Tezos blockchain. Bakers are a crucial component of the PoS consensus mechanism by ensuring that all transactions in a block are correct, that the order of transactions is agreed upon, and that no double-spending has occurred. Bakers validate all transactions and add them to the blockchain and get rewarded with additional Tezzies in that process.

Building a "baking" node requires tech knowledge, specific hardware and security measures. By delegating your Tezzies to Bake'n'Rolls you free yourself from the need of running the node on your own while having full control of your Tezzies.

There are few options to delegate to us, the common used one is Tezbox and Cryptonomic Galleon wallet with intergrated "delegate" feature. In order to become Bake'n'Rolls delegate input our address in the delegate address field of your wallet:

We offer dynamic annual yield, depending on how much you earned during each cycle. Expected annual yield is ~8-9%. It's the most flexible option for you because in this case you will receive exactly the same amount you actually baked minus our 10% fee.